1.TESLA:–Tesla Inc is “still working through a lot of challenges with the government” in India, its billionaire chief executive Elon Musk said on Twitter on Thursday, responding to a question on when it would launch its electric cars in the country. Tesla had plans to begin selling imported cars...
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1.TOSHIBA:–Toshiba Corp’s proposal to split itself into three companies won’t solve its governance issues and the conglomerate should prioritise an overhaul of its board and management, said a senior executive at one of Japan’s largest pension funds. Ken Hokugo, corporate governance director at the Pension Fund Association (PFA), said...
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1.TESLA:–U.S. electric vehicle maker Tesla Inc sold 70,847 China-made vehicles in December, the highest monthly rate since it started manufacturing in Shanghai in 2019, data from the China Passenger Car Association (CPCA) showed on Tuesday. Tesla’s December sales, which included 245 for export, were almost three times the amount...
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1.EVERGRANDE-Cash-strapped property firm China Evergrande Group has left what has been its headquarters in the city of Shenzhen and relocated to nearby Guangzhou, Chinese media outlet The Paper reported on Monday, citing people familiar with the matter. On Monday afternoon, the company’s logo had been partially removed on one...
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1.TOSHIBA-The second-largest investor in Japan’s Toshiba Corp on Thursday called for an extraordinary general meeting, seeking to force the company to win two-thirds support for a three-way breakup plan that has angered some major overseas shareholders. The proposal by Singapore-based hedge fund 3D Investment Partners marks the latest in...
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1.SONY-Japan’s Sony Group Corp plans to launch a company this spring to examine entering the electric vehicle market, looking to harness its strengths in entertainment and sensors to play a bigger role in next-generation mobility. The new company, Sony Mobility Inc, comes as the Japanese tech giant is “exploring...
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1.DYSON–Dyson’s Malaysian supplier ATA IMS Bhd will work with the national human rights institution to improve its environmental, labour and social and governance (ESG) practices, the parts maker said on Monday. The electronics manufacturing services company said it will work with the Human Rights Commission of Malaysia, known locally...
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1.MORGAN STANLEY:-Morgan Stanley  has increased parental leave in a major overhaul of employee benefits aimed at easing the strain on its workers, according to an internal memo seen by Reuters on Thursday, as major Wall Street banks battle for talent. The investment bank said parents – whether through new...
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1.BANK OF AMERICA:-Gulf exchanges are likely to have another busy year of initial public offerings (IPOs) in 2022, possibly surpassing this year’s bumper crop, a Bank of America executive told Reuters. After a year that featured three major IPOs on both Abu Dhabi’s ADX and Saudi Arabia’s Tadawul markets,...
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1.GOOGLE:-Alphabet Inc’s Google said on Wednesday it will give an additional bonus to its employees globally this year, as the tech giant pushes back its return-to-office plan. Google will give all employees, including the company’s extended workforce and interns, a one-time cash bonus of $1,600 or equivalent value in...
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